Guidance Capital Inc. Buys Shares of 20,908 CoreCivic, Inc. (NYSE:CXW)

Guidance Capital Inc. purchased a new stake in CoreCivic, Inc. (NYSE:CXW - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 20,908 shares of the real estate investment trust's stock, valued at approximately $444,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Caprock Group LLC acquired a new position in shares of CoreCivic during the 4th quarter valued at $220,000. EMC Capital Management increased its stake in CoreCivic by 437.6% in the fourth quarter. EMC Capital Management now owns 17,333 shares of the real estate investment trust's stock valued at $377,000 after purchasing an additional 14,109 shares in the last quarter. KBC Group NV raised its holdings in shares of CoreCivic by 57.3% during the fourth quarter. KBC Group NV now owns 5,477 shares of the real estate investment trust's stock valued at $119,000 after purchasing an additional 1,995 shares during the period. Exchange Traded Concepts LLC boosted its position in shares of CoreCivic by 2.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 57,312 shares of the real estate investment trust's stock worth $1,246,000 after purchasing an additional 1,450 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in shares of CoreCivic by 13,071.0% during the 4th quarter. Nisa Investment Advisors LLC now owns 253,147 shares of the real estate investment trust's stock worth $5,503,000 after purchasing an additional 251,225 shares in the last quarter. 85.13% of the stock is currently owned by institutional investors.

Insider Buying and Selling at CoreCivic

In other CoreCivic news, EVP Anthony L. Grande sold 26,000 shares of CoreCivic stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $22.18, for a total transaction of $576,680.00. Following the transaction, the executive vice president now directly owns 127,380 shares of the company's stock, valued at $2,825,288.40. The trade was a 16.95 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark A. Emkes sold 16,000 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $22.70, for a total transaction of $363,200.00. Following the completion of the sale, the director now owns 149,264 shares of the company's stock, valued at approximately $3,388,292.80. This represents a 9.68 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 102,000 shares of company stock worth $2,389,880. Insiders own 1.89% of the company's stock.

Analyst Ratings Changes

CXW has been the topic of a number of research reports. Northland Securities upped their price target on CoreCivic from $17.00 to $32.00 and gave the stock an "outperform" rating in a research note on Friday, November 8th. Wedbush raised CoreCivic from a "neutral" rating to an "outperform" rating and upped their target price for the stock from $19.00 to $30.00 in a research report on Tuesday, December 10th.

CoreCivic Stock Down 2.0 %

Shares of NYSE:CXW traded down $0.37 during midday trading on Friday, hitting $18.39. 939,622 shares of the company's stock were exchanged, compared to its average volume of 1,133,325. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.51 and a quick ratio of 1.51. CoreCivic, Inc. has a 12 month low of $10.74 and a 12 month high of $24.99. The company has a market cap of $2.03 billion, a PE ratio of 27.45 and a beta of 1.00. The stock has a 50 day moving average price of $21.47 and a 200-day moving average price of $17.18.

CoreCivic Company Profile

CoreCivic, Inc owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America's recidivism crisis, and government real estate solutions.